Volume of transactions at NSE dips by 85.37%

Volume of transactions on the floor of Nigerian Exchange on Monday declined by 85.37 per cent.

The volume of activities went down by 602.654 million as Investors traded 103.266 million shares valued at N2.138 billion in 3206 deals against 705.92 million shares valued at N4.59 billion exchanged hands the previous day in 3472 deals.

Market capitalisation of listed equities increased by N2 billion or 0.008 per cent to N24.112 trillion from N24.110 reported the previous day.

The NGX All Share Index also appreciated by 0.25 basis points to 44269.43 points from 44269.18 points.

A review of Investment during the day showed that Royal Express led gainers table during the day, gaining 9.72 per cent to N0.79, Cutix Plc followed with a drop of 6.83 per cent to N2.19, United Capital gained 5.73 per cent to N12.00, Linkage Assurance added 2.56 per cent to N0.40, Trans Express added 2.50 per cent to N0.82.

On the contrary, Learn Africa topped losers chart, dropping by 9.52 per cent to N1.52, Cornerstone Insurance trailed with a loss of 9.09 per cent to N0.40, RTBriscoe down by 9.09 per cent to N0.30, FTNCocoa dipped by 8.82 per cent to N0.31, Caverton sheds 8.05 per cent to N0.80.

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